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30 September 2016 | 24 replies
@Scott Trench I think you hit on a great point and it'll be interesting to see how things play out during the 3-5 years once all of the phases of development are up and running in my area.
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14 October 2016 | 22 replies
When you say that you have run the numbers and you can cash flow $800-$1200 for each apartment in a Duplex here in Tampa, do you mean that this is Gross Rents per unit?
5 October 2016 | 10 replies
People expect agents to be available 24/7/365 so you might run into a little bit of a barrier having a full-time job, but you can work around that.
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27 September 2016 | 2 replies
I run a profitable restaurant in a two-story commercial building.
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27 September 2016 | 5 replies
You could prescreen them, but most people aren't going to pay application fees or allow you to run credit, etc without seeing the place first.
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23 January 2017 | 10 replies
Make sure you do a walk through before you make any offer and run your numbers including accurate comps and repair costs first to see if it's a good deal for yuou or not.SELLING PRICE FORMULA:ARV-30%-Repairs= Your Selling PriceMAO(Max Allowable Offer) FORMULA:ARV-30%-Repairs-Your Profit= MAO
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28 September 2016 | 1 reply
Find a mentor within your brokerage or area, and just try to spend a couple of hours every month learning how they run their business.
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27 September 2016 | 6 replies
Often times pouring boiling water down the drains will help clear this.I do like the product THRIFT (which is sodium hydroxide crystals) for clearing out clogs and keeping sinks running smoothly; it's impressive to watch work with hot water.
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27 September 2016 | 0 replies
All additions are still in "roughed in" state, i.e studs, electrical runs, and plumbing runs, but no outlets or valves.
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3 October 2016 | 11 replies
Learn how to run comps and analyze deals the best you can (search on the BP blog for 65% rule for wholesalers) and then when you think one might be a good deal, bring it to the investor who has agreed to purchase the property, and ask him to confirm your comps and give you feedback.10.